Was listed for:Expired Dec 30, 2024
$595,000

8 Waweig Lake

Thunder Bay Remote Area, ON P0T 1A0

Detached House ExpiredNot available

Property not available for sale or for rent.

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Sale & Price History for 8 Waweig Lake, Thunder Bay Remote Area

2024-09-13
2024-12-30
Expired
Price
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MLS#
x13265460

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 8 Waweig Lake, Thunder Bay Remote Area

Summarized Description

  • Unique 4 season cottage ideal for fishing.
  • Features a granite bar and custom woodstove.
  • Includes a concrete boat launch for easy access.
  • Propane heating ensures year-round comfort.
  • Spacious deck surrounds the cottage.
  • Insulated shop provides versatile usage.
  • Property spans approximately 1.1 acres.

PRIME FISHING! THIS 4 SEASON COTTAGE FEATURES MANY UPDATES FEATURES... GRANITE BAR + STAIRCASE, 2 INSIDE BATHS + ONE OUTDOOR TOILET, DECK ON THREE SIDES, CONCRETE BOAT LAUNCH + CEMENT CURBS GOING DOWN TO LAKE, CUSTOM MADE ALUM GATE WOODSTOVE + PROPANE HEAT(2 PROPANE FURNACES). HEAT CAN BE LEFT ON ALL WINTER, EIGHT OUTBUILD...6 WITH CONCRETE FLOORS, ONE SHOP INSULATED + HEATED. SATILITE CONNECTIONS IN BEDROOMS + KITCHEN W/TV'S, SANDPOINT WATER + LARGE HOLDING TANK. UPSTAIRS 6 BEDS, APPROX 1.1 ACRES. PIKE, PIKERAL + LAKE TROUT IN LARGE

Key Facts & Features

Property Costs

Annual Property Tax Amount
$510
Land Transfer Tax Fee
$8,375

Rental Items

Rental Equipment
PROPANE TANK $210/YEAR

Basement Type
None

Interior Features

Interior Extras
Sauna, Generator - Full, Other
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Detached
Building Style
1 1/2 Storey

Construction

Exterior Finish
Unknown
Roof
Asphalt Shingle
Foundation Details
Other
Special Designation
Other

Parking & Garages

Garage Type
Other
Garage Spaces
0

Heating & Cooling

Heat Source
Propane
Heat Type
Forced Air
Air Conditioning
Other
Water
Well
Sewers
Septic

Bedrooms
2
Washrooms
2
Kitchens
1

Room sizes

  • Living Room20 x 16
    Main level
  • Primary Bedroom20 x 11
    Second level
  • Kitchen12 x 10
    Main level
  • Bathroom3 pc
    Main level
  • Other12 x 10
    Main level
  • Sunroom—
    Main level
  • Bathroom2 pc
    Second level

Washrooms

  • 3-piece, Main
  • 2-piece, Second

Municipality
Thunder Bay Remote Area
Main cross streets
OUT ARMSTRONG HWY, 7 MIN PAST OBONGA LAKE
Directions
OUT ARMSTRONG HWY, 7 MIN PAST OBONGA LAKE

MLS® number
X13265460
Data source
tbay
Status change
2024-12-30
Listed on
2024-09-13
Days on market
108 days
Possession type
Immediate
Co-op commission
2%
Seller
Listed by
STREETCITY REALTY INC.

Home Market Value

Current home valuation for 8 Waweig Lake, Thunder Bay Remote Area, , . Listed for $595,000

HOMEH Estimate

?

$436,000

Estimated Sales Range

?

$344,440 - $527,560

HOMEH Estimate for 8 Waweig Lake, Thunder Bay Remote Area

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$436,000Medium confidence
Based on 3 comparable properties
+ $159,000 (36%) above our estimate
See the full analysisFree Every recent nearby sale behind this number

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$
Minimum Down Payment Required:5.8%

5% on first $500K + 10% on $95,000 over $500K

Minimum down payment

$34,500

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$22,420$16,601$14,161$0
=Total mortgage
$582,910$552,101$519,911$476,000
Amortization
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%
%
%
%
Payment frequency
=Mortgage payment
$2,846monthly$2,696monthly$2,538monthly$2,324monthly
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Land Transfer Tax

Provincial

$8,375

Total Land Transfer Tax

$8,375

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